Central Government Employees & Employment Corner

The Labour Bureau has published the All-India Consumer Price Index for Industrial Workers (CPI-IW) for the month of September 2023. The All-India CPI-IW declined by 1.7 points in September 2023, from 139.2 in August 2023. Based on the indices till August 2023, the expected DA for central government employees from January 2024 was expected to cross 50%. However, even with the CPI-IW declining by 1.7 points in October 2023, still the DA can be 50% from January 2024. However, the chances of it becoming 51% is less. For the calculation of the DA, CPI-IW indices for 12 months, i.e. January 2023 to December 2024 are required. The indices for three more months are required to calculate the exact DA. Based on the indices till September 2023, the expected DA for central government employees from January 2024 is almost certain to cross 50%. This is an increase of 4 percentage points from the current DA of 46%. However, the DA touching the 50% milestone will have additional benefits as a hike in

In recent news, central government employees have cause to celebrate as they've received a series of generous holiday gifts. These tokens of appreciation include bonuses, an enhanced dearness allowance (DA), and the settlement of three months' worth of arrears, all of which have brought smiles to the faces of these employees just in time for Diwali. However, the upcoming new year promises an even more substantial boon, particularly in the realm of dearness allowance. A significant revision to the dearness allowance, elevating it to 46%, was implemented on July 1, 2023, and another revision is slated for January 2024, which may prove to be the most substantial one to date. The pressing question on everyone's mind is whether the dearness allowance will witness a substantial 5% increase. The year 2024 holds crucial importance for central government employees, as it may usher in vital discussions regarding the new pay commission. Furthermore, dearness allowance (DA) might cross

  No. 1/4/2023-E-II (B) Government of India Ministry of Finance Department of Expenditure North Bert New Delhi Dated the 2oth October, 2023. OFFICE MEMORANDUM Subject: Revision of rates of Dearness Allowance to Central Government employees-effective from 01.07.2023. The undersigned is directed to refer to this Department’s Office Memorandum No. 1/1/2023-E-II(B) dated 3rd April, 2023 on the subject mentioned above and to say that the President is pleased to decide that the rates of Dearness Allowance payable to Central Government employees, shall be enhanced from  42% to 46% of the Basic Pay with effect from 1st July, 2023. 2. The term Basic Pay in the revised pay structure means the pay drawn in the prescribed Level in the Pay Matrix as per 7th CPC recommendations accepted by the Government, but does not include any other type of pay like special pay, etc. 3. The Dearness Allowance will continue to be a distinct element of remuneration and will not be treated as pay within the ambit of

Modi government recently announced a 4% increase in DA for central employees and pensioners, taking it to 46%. This announcement is seen as a booster dose by the government. On the other hand, the central government is likely to give another big gift to employees, which is being discussed rapidly. It is believed that the central government can form a new pay commission for employees and pensioners, which will benefit a large number of people. If this happens, then this year will be like a good news. The government has not said anything officially, but according to the discussion, this decision can be taken before the Lok Sabha elections. In fact, central employees have been demanding a new pay commission. Which pay commission will be formed? The central government has so far formed 7 pay commissions. The government formed the seventh pay commission in 2016, which saw a significant increase in the minimum basic salary of employees. Now there is speculation that the government may soon t